Nov 12, 2012 8:00pm EST
. there are a lot of us you think we're in a different place in our history, in this economy, and we have to take much more seriously the allocation of our resources and the impact of that tax code on investment and consumption in this country if we are going to have a piper the economy. that argument -- a vibrant economy. that would lead you to begin to this is much more serious about tax reform. let me add just to make the thing harbor, i think chris carter, dick is right, you will not just rate reductions as a way to pay for it. what you might look for is another stream of income, and one theory that is under discussion in some circles, we get a lot of analysis, the carbon tax, which does not have a prayer in hell kind of proposition. if we enabled factions in the congress to get other things they want as important, it might be that he could start something modestly that grows over time and in a sense kill two birds with constant. somebody might get killed in the process. >> that is right. what you look for is the least worst alternative, and that is something like that that may provide that.